Country in ‘white’ list of tax standard-compliant states THE PHILIPPINES has been raised to the “white list” of countries complying with an Organization for Economic Cooperation and Development (OECD) tax information sharing standard.
The Department of Finance (DOF) is amenable to reviewing the current law on the so-called sin taxes, which could help raise additional revenues for the cash-strapped government. Finance Secretary Cesar Purisima said he will support a review of the present structure of sin taxes, which are basically levies imposed on alcohol and tobacco products.
Championing tax laws can have serious repercussions for a politician. Take Sen. Ralph Recto, for instance. In the Thirteenth Congress (2004 to 2007), Recto as chairman of the Senate Committee on Ways and Means, sponsored numerous revenue measures, the most controversial of which was the Reformed Value-Added Tax (RVAT) law that increased the VAT from…
As the value-added tax (VAT) on road toll has been put on hold by the Supreme Court—and since the court could make this temporary restraining order against “a tax [the VAT] on a tax [the toll]” permanent—the Department of Finance (DOF) is looking for other means of raising additional revenues through the government’s other line…
Persons inheriting homes from deceased parents or relatives usually are overburdened by the estate tax which they could ill afford. Because of inability to pay the estate tax, some heirs are focused to sell their inherited property.
MANILA, Philippines – The Department of Finance and the Bureau of Internal Revenue (BIR) are drawing up a list of all licensed professionals to find out who among them are paying the right taxes.
World Day for Safety and Health at Work
“Safety and health at work every day!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
